Gundlach predicts 10-year Treasury yield slide and impending crisis
TL;DR Summary
Bond king Jeff Gundlach predicts that the 10-year Treasury yield will hit "the low threes by the end of next year" as he expects unemployment to rise and inflation to dip, triggering a rate cut. Meanwhile, Goldman Sachs forecasts three consecutive 25 basis points cuts by the Federal Reserve in March, May, and June. The stock market is up, with the Dow set for a fresh record, while bond yields are at fresh multimonth lows. Gold prices climb, and oil prices are up.
- Bond king sees further slide in 10-year as Goldman sees three straight Fed cuts MarketWatch
- Gundlach Clashes With Gross Over How Low Treasury Yields Can Go Yahoo Finance
- DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year CNBC
- Gundlach Flags Stock Risks, Sees House Prices Dropping, Recession Soon Markets Insider
- Gundlach: Deficits, Recessions, Unemployment and the Impending Crisis Advisor Perspectives
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
5 min
vs 6 min read
Condensed
92%
1,006 → 83 words
Want the full story? Read the original article
Read on MarketWatch